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1850 W 3rd Avenue

Durango, CO 81301
  • $799,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 798451
UPDATED: 196 min ago
$799,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,910
    SQFT
  • $418
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1888
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of The Wells Group Of Durango, Inc.: 970-259-6680.


Description

Investment Opportunity located on desirable West 3rd Avenue. The duplex was built in 1888, and has been a successful rental for many years. Tenants enjoy easy access to all school levels, downtown, river trail, parks, and hiking/biking trails. The front unit is a 3/1 and rents for $1725 and the back 1/1 unit rents for $1200; each unit has washer/dryer. There is a detached 2-car garage plus parking along W 3rd Avenue (on-street) or in alley. A charming, fenced side yard with space for gardening and pets. This property is legally zoned duplex/triplex and has a 7000 SF lot. Landlord currently pays all utilities. Options abound; continuing with leases, live in one unit and lease the other as supplemental income, or remodel to a single-family home. With high demand for housing, particularly in town, this is a rare opportunity to own a great rental.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-11-27T23:56:37.89.
www.homesforsaledurango.com/homes/133374089
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1850 W 3rd Avenue Durango, CO 81301

  • Price: $799,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 196 min ago
  • MLS #: 798451
0
Beds
2
Baths
0
½ Baths
0.16
Acres
1,910
SQFT
$418
$/SQFT
1888
Built
Neighborhood:
Not Applicable
County:
La Plata
Area:
Durango In Town
Elementary School:
Needham K-5
Middle School:
Miller 6-8
High School:
Durango 9-12
Property Description
Investment Opportunity located on desirable West 3rd Avenue. The duplex was built in 1888, and has been a successful rental for many years. Tenants enjoy easy access to all school levels, downtown, river trail, parks, and hiking/biking trails. The front unit is a 3/1 and rents for $1725 and the back 1/1 unit rents for $1200; each unit has washer/dryer. There is a detached 2-car garage plus parking along W 3rd Avenue (on-street) or in alley. A charming, fenced side yard with space for gardening and pets. This property is legally zoned duplex/triplex and has a 7000 SF lot. Landlord currently pays all utilities. Options abound; continuing with leases, live in one unit and lease the other as supplemental income, or remodel to a single-family home. With high demand for housing, particularly in town, this is a rare opportunity to own a great rental.
Exterior Features

Acreage Range Less Than 1/2 Carport No Fronts 3rd Avenue Garage Yes Garage Type Detached Garage Lot Dimension 50X140 (7000Sf) Parking 2-10 Total Spaces Parking Spaces 3 Property Attached Yes Roof Metal Stories One Story Street Description City/Town Water Well No Waterfront YN No

Interior Features

Appliance Inclusions DishwasherDryerRange/OvenRefrigeratorWasher Flooring CarpetLinoleumTile Foundation Basement Basement-Below Grade Heating Fuel Source Forced Air Main Sq Ft 1910 One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1 Unit1 Bedrooms 3 Unit1 Square Feet 1206 Unit2 Baths 1 Unit2 Bedrooms 1 Unit2 Square Feet 701

Property Features

Covenants No Green Certification No Hoa No Horse Setup No Multi Story No New Construction YN No Reo Lender Owned No Tax Year 2021 Terms CashConventional Total Electric Meters 1 Total Gas Meters 1 Total Taxes $1696.80 Total Water Meters 1 Type Duplex Unit1 Monthly Rent 1725 Unit2 Monthly Rent 1200 Water Rights No Water Sewer City Water Zoning Residential Multi Family

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-11-27T23:56:37.89.
 
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The Blackmore Group
842 Main Ave
Durango CO, 81301
Listing courtesy of The Wells Group Of Durango, Inc.: 970-259-6680.